Disney and Sony have made a movie licensing deal that will allow Spider-Man and some other Marvel titles to go to Disney+ in the U.S. This deal will begin next year with Sony’s 2022 releases and will run through 2026.
Hulu will begin to gain access to titles in the library starting in June.
Variety is calling it “unprecedented” based on the “scope” of services it will cover.
“The wide-ranging deal, which runs through Sony’s 2026 theatrical slate, also calls for Sony titles to run across Disney’s array of streaming and linear platforms, making it unprecedented in scope as it covers Disney Plus, Hulu, FX Networks, ABC, Disney Channels and Freeform.”
Disney announced this deal a couple weeks after Netflix made a deal with Sony giving them exclusive U.S. rights to “stream the Sony Pictures theatrical releases in the first pay TV window starting with the studio’s 2022 slate.” The deal also gives Netflix “first-look” for all their original movies for direct-to-streaming.
Sony has just been inking lucrative deals left and right. These deals are going to likely net Sony over $3 billion in licensing fees.
Sony’s deal with Disney gives them access after films go to Netflix.
“The Disney deal covers subsequent TV windows, meaning that the titles will land on Netflix first, about nine months after the start of a film’s theatrical run. Disney is scooping up for multiple platforms the windows previously reserved for ad-supported cable and broadcast airings of movies. The Netflix and Disney deals also run for the same license term.”
The two-year bidding war for the “Pay 1 Window” went to Netflix, but Disney is still coming out a winner.
I’m sure it cost a lot of money to do so. That’s okay, they’ll just raise the prices on Hulu or Disney+ again. Hulu’s price with television is almost double what it was when Disney took controlling interest.
What do you think? Comment and let us know!
Source: Variety, a friend
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